Core Points - MARA Holdings, Inc. will hold a webcast and conference call on February 26, 2025, at 5:00 p.m. ET to discuss its financial results for Q4 and the fiscal year ended December 31, 2024 [1] - Financial results will be published in a shareholder letter prior to the call and will be available on the investor relations section of the company's website [1] - Verified retail and institutional shareholders can submit and upvote questions ahead of the earnings call, with the Q&A platform opening on February 19 and closing on February 25 [3] Company Overview - MARA is a global leader in digital asset compute, focusing on developing and deploying innovative technologies to support energy transformation and sustainability [5] - The company converts clean, stranded, or underutilized energy into economic value while securing the world's blockchain ledger [5]

Core Points - MARA Holdings, Inc. has postponed its Special Meeting of Stockholders to February 19, 2025, to allow for broader participation [1][2] - The record date for the Special Meeting remains January 17, 2025, and stockholders who have already voted do not need to take further action [1][2] - The Company's Board of Directors recommends voting FOR the proposals in the proxy statement [2] Company Overview - MARA is a global leader in digital asset compute, focusing on innovative technologies to support energy transformation and sustainability [4] - The company converts clean, stranded, or underutilized energy into economic value, securing a prominent blockchain ledger [4]

Core Insights - The company reported a 12% month-over-month decline in blocks won in January 2025, totaling 218 blocks compared to 249 in December 2024 [1][2][4] - The total Bitcoin (BTC) produced in January was 750 BTC, reflecting a 13% decrease from 865 BTC in the previous month [4][6] - The company increased its BTC holdings to 45,659 BTC, indicating a strategic accumulation of assets [1] Operational Highlights - The average BTC produced per day decreased by 13%, from 27.9 BTC in December to 24.2 BTC in January [4] - The energized hash rate remained stable at 53.2 EH/s, with no new miners brought online during January [4][6] - The share of available miner rewards dropped to 5.1% from 5.9%, while transaction fees as a percentage of total rewards decreased from 2.7% to 1.6% [4][6] Strategic Focus - The company is focused on optimizing its mining fleet and implementing strategic enhancements to improve long-term efficiency and performance [3][4] - Successful conversion of over 230 containers to immersion cooling at the Texas site has led to high uptime and increased hashrate without additional power consumption [3] - Plans for 2025 include expanding mining capacity and prioritizing near net zero cost energy solutions [4]

Core Insights - MARA reported a 12% month-over-month decline in the number of blocks won in January 2025, totaling 218 blocks compared to 249 in December 2024 [3][5] - The company increased its Bitcoin holdings to 45,659 BTC, indicating a strategic focus on accumulating digital assets [1][2] Operational Highlights - The BTC produced in January 2025 was 750, down 13% from 865 in December 2024, with an average daily production of 24.2 BTC, also a 13% decrease [5] - The share of available miner rewards decreased to 5.1% from 5.9%, while transaction fees as a percentage of total rewards fell from 2.7% to 1.6% [5] - The energized hash rate remained stable at 53.2 EH/s, unchanged from the previous month [5] Management Strategy - The company is focused on optimizing its mining fleet and implementing strategic enhancements to improve long-term efficiency and performance [4] - Significant upgrades include the conversion of over 230 containers to immersion cooling at the Wolf Hollow site, which is expected to enhance efficiency without increasing power consumption [4] - MARA aims to expand its mining capacity in 2025, prioritizing near net zero cost energy solutions [5]

Join The Pragmatic Investor to stay ahead of the latest news and trends in the crypto space. Here's what you will get with your subscription:Marathon Holdings (NASDAQ: MARA ) is one of the largest publicly traded crypto miners and despite the substantial Bitcoin ( BTC-USD ) rally, the stock has been moving sideways in the last year.The Pragmatic Investor covers global macro, international equities, commodities, tech and cryptocurrencies and is designed to guide investors of all levels in their journey. Feat ...

Marathon Digital Holdings, Inc. (MARA) closed at $19.56 in the latest trading session, marking a -1.76% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.88% for the day. On the other hand, the Dow registered a gain of 1.24%, and the technology-centric Nasdaq increased by 0.65%.Heading into today, shares of the company had gained 3.43% over the past month, outpacing the Business Services sector's gain of 0.03% and the S&P 500's gain of 1.17% in that time.The investme ...

As Donald Trump takes the oath of office today, investors are closely monitoring the market, with expectations running high for policy changes that could reshape the economic landscape.The agenda, centered on tax cuts, trade reforms, and deregulation, has already sparked optimism in certain sectors. Yet, concerns linger over his tariff-focused trade policies, which could create ripple effects across both domestic and global markets.With Trump expected to outline his priorities during the inaugural address, ...

Core Viewpoint - Marathon Digital Holdings, Inc. (MARA) has underperformed in the bitcoin-mining sector, gaining only 1.3% over the past three months compared to the industry's 18% rally, with competitors like Riot Platforms, Inc. (RIOT) and HuT 8 Corp. (HUT) gaining 34% and 95% respectively [1][4]. Group 1: Market Conditions and Strategic Positioning - The stock is expected to benefit from a potentially pro-digital asset regulatory environment following Donald Trump's election victory, which could reduce compliance hurdles and encourage investments in the cryptocurrency sector [4][5]. - MARA is enhancing its mining capacity, having increased its interconnect-approved capacity by 372 MW across three Ohio data centers, and acquired facilities at a cost significantly below the industry average [6][7]. - The company is developing a greenfield facility in Ohio, expected to add 150 MW of capacity, which supports its growth strategy and reduces reliance on third-party providers [7]. Group 2: Financial Performance and Projections - The Zacks Consensus Estimate for MARA's 2024 revenues is $629 million, indicating a 62.3% growth from the previous year, with a projected increase of 50.5% in 2025 [11][12]. - Despite strong revenue growth prospects, MARA is expected to report a loss of 29 cents per share in 2024, compared to earnings of 17 cents in 2023, indicating profitability pressures [13]. - The company's current ratio stands at 4, significantly above the industry average of 2.16, indicating strong liquidity and financial flexibility to pursue growth opportunities [10]. Group 3: Investment Appeal - MARA's dual strategy of combining immediate revenue generation with long-term asset accumulation positions it favorably for growth, appealing to investors seeking exposure to the cryptocurrency market [8][9]. - The stock's recent consolidation phase may present an attractive entry point for investors optimistic about the cryptocurrency sector, supported by strategic expansions and favorable market conditions [15][16].

Stock Performance - The stock price of MARA Holdings experienced significant volatility, rising from just under $18 per share to nearly $30 before falling back below $18 within three months [1] Analyst Position - The analyst holds a beneficial long position in MARA, BTC-USD, and CLSK through various investment instruments [1] Article Context - The article represents the analyst's personal opinions and is not compensated by any company mentioned [1] - The analyst has no business relationship with any of the companies discussed in the article [1]

Energized Hash Rate Increased 15% to 53.2 EH/sIncreased BTC Holdings to 44,893 BTC2024 BTC Yield Per Share of 62.7% Fort Lauderdale, FL, Jan. 03, 2025 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) ("MARA" or the "Company"), a global leader in leveraging digital asset compute to support the energy transformation, today published unaudited BTC production and miner installation updates for December 2024. Management Commentary"In December, we surpassed our year-end hash rate target of 50 EH/s while imp ...